ISDA Master Agreement and Intra vires: Difference between pages

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imported>Doug Williamson
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imported>Doug Williamson
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A commonly used standardised contract between counterparties trading OTC derivatives.
Within the legal power or authority of a person, official or body.
 
 
:<span style="color:#4B0082">'''''ISDA Master Agreements - other provisions'''''</span>
 
:"... extra provision required by the parties...  may include:
 
:escrow provisions to address potential problems arising from time differences between the places to which each party makes payments (i.e. one party could make a payment at the time it is obliged to do so in the relevant time zone but then fail to receive payment due to it from the other party); in this situation provision can be made for a third party to hold payments “in escrow” and only release a payment when it has received the corresponding payment from the other party."
 
:''The Treasurer's Wiki - Derivatives documentation''




== See also ==
== See also ==
* [[Collateral]]
* [[Ultra vires]]
* [[Credit support annex]]
* [[Derivative]]
* [[Derivative instrument]]
* [[Derivatives documentation]]
* [[GMRA]]
* [[ISDA]]
* [[MNA]]
* [[OTC]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Compliance_and_audit]]
[[Category:The_business_context]]
[[Category:Financial_products_and_markets]]

Revision as of 11:39, 25 January 2014

Within the legal power or authority of a person, official or body.


See also